Medtronic (MDT) EBT Margin (2014 - 2026)
Medtronic's EBT Margin was 18.13% in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 2.95 percentage points from 15.18% a year earlier but down 0.57 percentage points from the prior quarter.
Medtronic (MDT) EBT Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Medtronic's EBT Margin was 17.59% through Jul 31, 2026, up 1.04 percentage points year-over-year; for FY2026 (ended Apr 24, 2026), it came in at 16.87%, up 0.09 percentage points from FY2025.
- EBT Margin shows a five-year change of +3.94 percentage points (FY2021 to FY2026).
- In earlier fiscal years, EBT Margin was 16.78% in FY2025 (+1.84 pp), 14.95% in FY2024 (-2.23 pp), 17.18% in FY2023 (-0.23 pp) and 17.41% in FY2022 (+4.48 pp).
- Quarterly EBT Margin has moved between 9.95% (fiscal Q4 2024) and 20.47% (fiscal Q3 2022) over five years.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of +1.20 percentage points.
- The best year-over-year quarter for EBT Margin over five years was fiscal Q2 2022 (a gain of 12.16 percentage points); the worst was fiscal Q4 2024 (a drop of 8.20 percentage points).
- Per Business Quant data, MDT's EBT Margin in the three fiscal quarters before Q1 2027 was 18.70% (Q4 2026), 15.57% (Q3 2026) and 17.82% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 16.04% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 12.10% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 17.21% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 36.46% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 18.13% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 23.74% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 19.48% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 11.12% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 29.86% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 23.64% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.13% |
| Apr 24, 2026 | 18.70% |
| Jan 23, 2026 | 15.57% |
| Oct 24, 2025 | 17.82% |
| Jul 25, 2025 | 15.18% |
| Apr 25, 2025 | 14.13% |
| Jan 24, 2025 | 18.57% |
| Oct 25, 2024 | 18.55% |
| Jul 26, 2024 | 16.02% |
| Apr 26, 2024 | 9.95% |
| Jan 26, 2024 | 18.20% |
| Oct 27, 2023 | 16.45% |
| Jul 28, 2023 | 15.53% |
| Apr 28, 2023 | 18.15% |
| Jan 27, 2023 | 17.79% |
| Oct 28, 2022 | 18.39% |
| Jul 29, 2022 | 14.16% |
| Apr 29, 2022 | 19.80% |
| Jan 28, 2022 | 20.47% |
| Oct 29, 2021 | 19.03% |
Medtronic EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();